Sponsor Share definition

Sponsor Share means a share of Acquiror Common Stock held by any of the Sponsors as of immediately prior to the Effective Time.
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Sponsor Share means a share of Class B common stock of SPAC, par value $0.0001 per share.
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Sponsor Share means a share of LACQ Common Stock held by a Sponsor or its Affiliates.
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Examples of Sponsor Share in a sentence

  • The Company shall not amend, modify or otherwise change the, Sponsor Share Subscription Agreement, Warrant Agreement, Warrants Purchase Agreement, Trust Agreement, Registration Rights Agreement, Services Agreement, or any Insider Letter without the prior written consent of the Representative which will not be unreasonably withheld.

  • Each Sponsor Share shall be governed by the terms of the Company’s Amended and Restated Memorandum and Articles of Association.

  • After you have entered the line item budget amounts in Section 4 the State Share and Sponsor Share of costs will auto-calculate and fill in the appropriate fields.

  • In addition, each Sponsor Share will be converted into Public Shares (in two further tranches equal to 6% of the total number of Ordinary Shares issued and outstanding) after the Business Combination subject to certain performance-related conditions.Subject to the variation of certain voting rights and powers in respect of the Business Combination, Sponsor Shares carry the same shareholder rights as Public Shares.

  • Any such distributions or dividends shall be allocated to Shareholders in the same amounts as any such allocations were made per Sponsor Share by the Sponsor.

  • If an Early Termination Event specified in Section 10.04 occurs, the Trust shall be dissolved, and one Sponsor Share shall be distributed to each Shareholder in exchange for each outstanding Share.

  • The purposes of the Trust are to (i) issue Shares represented by the Share Certificates, each such Share representing an undivided beneficial interest in one underlying Sponsor Share owned by the Trust, in exchange for Sponsor Shares, (ii) own the Sponsor Shares and (iii) engage in such other activities as are set forth in this Agreement.

  • Use of Donations (or Previously Acquired Land) as the Sponsor Share.

  • The average was calculated by adding each individual question response (1 through 5) and then dividing by the number of respondents in each group.

  • HCAM acknowledges that it may, at is option and in its sole discretion, affect the Sponsor Share Purchases at any time prior to the meeting of GCAC stockholders where such stockholders will vote to approve the Acquisitions (the “Special Meeting”).


More Definitions of Sponsor Share

Sponsor Share means a limited liability company interest in the Sponsor within the meaning of the Delaware Limited Liability Company Act, 6 Del. C. §§ 18-101 et seq., as amended from time to time, and includes any and all benefits to which the holder of Sponsor Shares may be entitled as provided in the Sponsor Agreement, together with all obligations of such Person to comply with the terms and provisions of the Sponsor Agreement.
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Related to Sponsor Share

  • Sponsor Shares shall have the meaning given in the Recitals hereto.

  • Sponsor Group means the Sponsors and the Sponsor Related Parties.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Sponsor Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

  • Contribution Share means, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Borrower and all of the Guarantors other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Borrower and the Guarantors hereunder) of the Borrower and all of the Guarantors other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 4.6 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under applicable law against the Borrower in respect of any payment of Guaranteed Obligations. Notwithstanding the foregoing, all rights of contribution against any Guarantor shall terminate from and after such time, if ever, that such Guarantor shall be relieved of its obligations pursuant to Section 8.4.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Membership Unit means an outstanding common membership unit of the LLC.

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.

  • Public Share means a Class A Share issued as part of the units (as described in the Articles) issued in the IPO.

  • equity share means any share of any class of shares of a company carrying voting rights under all circumstances and any share of any class of shares carrying voting rights by reason of the occurrence of any contingency that has occurred and is continuing; (“action participante”)

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Common Share Equivalent shall have the meaning ascribed to it in Section 11(a)(iii) hereof.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Management Unit means an area established by the Commission for management purposes.

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.